2016 IMD MBA Class Scholarship for Developing Countries


Every year, IMD supports about half of the MBA class by granting them scholarships or loans. The total amount of scholarships available each year is around CHF500,000 and CHF 1.3 million for loans.

Course(s) Offered: Business Administration
Course Level: Graduate (MBA degree)
Provider: IMD
Country to Study in: Switzerland

There are a variety of MBA scholarships offered by IMD and applicants may apply to several simultaneously, however only one scholarship can be awarded per candidate. One of these scholarships is a new and considerable scholarship program – the MBA Class Scholarship for Emerging Markets.

This new scholarship program is designed to enable young leaders who are citizens of developing countries (except BRIC countries) earn the IMD MBA degree.

To be eligible for this award, the following criteria apply:
Must be a citizen of a developing country (except BRIC countries – as defined below)
Demonstrated financial need by completing IMD’s Financial Aid Application
Good academic results (GMAT)
Strong reference letters
Steady career progression
Editor’s note:
BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. Citizens of these BRIC countries CANNOT apply to this scholarship award.

Eligible groups
Citizens of ALL developing countries (except BRIC countries – as defined above).

Participating Institutions
International Institute for Management Development (IMD), Lausanne, Switzerland

Fields of study
Masters in Business Administration (MBA)

Number of awards
Not specified by sponsor

Sponsorship duration
This is a onetime financial award

Scholarship benefits
The total value of the award is CHF 200’000 (to be split between the winners of the scholarship)

Method of Application
Before you can apply for the scholarship, you must have been accepted into an IMD MBA Program.

You must also submit a completely filled-in MBA Financial Aid Application Form (when requested) and your essays before the deadline date.

It is important to visit the official website (link to it is below) for complete information and also to access the Financial Aid Application Form.

The deadline to apply for any of the IMD scholarships is September 30.

You must have been accepted into a program and also submitted all accompanying documents before 30 September 2015.

IMD business school is in Lausanne, Switzerland. It is one of the world’s premier business and management institutions. In 2012, 2013, 2014 and 2015, it was ranked first in open programs worldwide by the Financial Times. It offers the world’s best MBA program according to Forbes 2011 and 2013 biennial rankings.

IMD reserves the right not to award a scholarship if the criteria are not met to the satisfaction of the jury/sponsors.

Application Deadline: 30 September 2015
Open to International Applicants: Yes

More Scholarship Information and Application, Click Here


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